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You Searched For "Alphabet technology spending" and got 20 results


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3 mins read

Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.

Big Tech giants concede that AI is costing huge sums of money with little return on investment righ…

Lakshmi Varanasi   


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2 mins read

Stock market today: Stocks trade mixed as investors get ready for Tesla and Alphabet earnings

Investors were on the sidelines Tuesday morning as they wait for Tesla and Google's parent company …

Filip De Mott   


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5 mins read

Sam Altman believes wars will be fought over AI unless there's massive spending on infrastructure. But that comes with a cost.

Sam Altman says the development of AI infrastructure is key to avoiding war over the tech. Experts …

Katherine Tangalakis-Lippert   


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2 mins read

AI turned Big Tech stocks around. But a huge sell-off shows investors are wary of the insane spending.

In April, Google's AI boss said the company plans to invest more than $100 billion over time in AI …

Huileng Tan   


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4 mins read

TCS, Infosys, HCL Tech and others will gain from Microsoft, Amazon and Google spending more on technology

Indian IT stocks — like Tata Consultancy Services (TCS), Infosys, HCL Technologies and Tech Mahindr…

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1 min read

AI-focused tech giants are entering a 'virtuous cycle' of spending that will see their profits explode, BofA says

"Increased power usage and the physical build-out of data centers will lead to more demand for elec…

Matthew Fox   


Martin Coulter   


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2 mins read

Mark Zuckerberg's $23.4 million in security costs last year is more than the combined cost of keeping 10 other top execs safe

Facebook said Zuckerberg's security costs rose due to the US presidential election, and several com…

Kate Duffy   


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2 mins read

Mass layoff exit packages at Meta, Amazon, Microsoft and Alphabet will collectively cost the tech giants up to $4.7 billion

Google parent company Alphabet will have the highest severance cost — ranging from $1.9bn to $2.3bn…

Jyoti Mann   


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1 min read

A major Alphabet investor said the company should cut even more jobs and address 'excessive' pay in the wake of mass layoffs

TCI boss Christopher Hohn called the decision to cut 12,000 jobs a "step in the right direction," b…

Beatrice Nolan   


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1 min read

Dan Loeb hails AI as a decade-defining technology like the PC and Internet - and says a severe recession looks unlikely

Third Point's billionaire boss predicts AI will supercharge productivity and profits, and expects t…

Theron Mohamed   


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3 mins read

Alphabet finally makes the tough call to lay off workers. Here's how its cut of 12,000 jobs compares with the rest of Silicon Valley.

The Google parent company is one of the last major tech firms to announce layoffs as the industry b…

Hasan Chowdhury,Asia Martin   


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4 mins read

TCS flags pain in US markets, says banking sector crisis has led to cuts in discretionary spending

Indian IT bellwether Tata Consultancy Services (TCS) struck a note of caution and flagged concerns …

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2 mins read

Investors shouldn't rush back to big tech stocks as reflation and reopening trades are better near-term bets, says UBS

The tactical outlook favors reflation and reopening trades like financials and energy, said UBS in …

Carla Mozée   


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2 mins read

Grace Dean   


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2 mins read

TikTok is getting all the attention, but more teens spend time on YouTube, survey says

TikTok is widely seen as the most popular social media app among teens, but new data shows one in f…

Samantha Delouya   


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5 mins read

Waymo's head of lidar explains how the advanced laser tech went from science fiction to being a vital tool for self-driving cars

Verghese spends his time developing new laser radars to compliment the evolving Waymo suite of hard…

Matthew DeBord   


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5 mins read

How a former soldier went from self-taught truck driver to helping Alphabet's Waymo usher in the era of self-driving semis

Jon Rainwater instructs safety drivers for Waymo Via, the self-driving company's freight and delive…

Matthew DeBord   


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4 mins read

TCS, Wipro & Infosys saw a massive selloff after Walmart & Target’s revenues fell — explaining the domino effect

Azim Premji owned Wipro fell by 5.7% on May 19 to touch its lowest point yet in a year. HCL and Inf…

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35 mins read

Alphabet's 2019 first-quarter earnings call

Dan Salmon (BMO): Good afternoon, everyone. Sundar, you reminded us how April and May are pretty bi…

Jonathan Garber